September 12, 2013

The Daily Bankruptcy News

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Law:

The Biglaw Firms Most Feared In Litigation (2014)
(DBN)

Citi Survey: Law Firm Leaders Lose Optimism in Q3
(DBN)

Companies Expect More Litigation, Less Spending in 2014
(DBN)

Layoff Watch: Lateral Hiring Leading To Layoffs
(DBN)

Ogletree, Weil, Goodwin Procter, Hogan: Business of Law
(DBN)

Five Years After Record Lehman Bankruptcy , a Record Legal Bill --- How much has Weil Gotshal earned in Lehman Brothers' bankruptcy ?
(DBN)

Yale law prof falls short in challenging Obama’s 2-year JD idea
(DBN)

How designer Margaret Hagan drew her way through law school
(DBN)

‘Disturbing’ smiley face email request by Dickstein Shapiro lobbyist is revealed by Darrell Issa
(DBN)

Biglaw Blind Item: This Firm’s Summer Associates Are ‘Idiots’
(DBN)

Ex-Pillsbury Lawyer's Ethical Lapses Spur Second Sanction
(DBN)

Do Not Become a Lawyer
(DBN)

10 Questions with Andrew L. Sandler from BuckleySandler LLP
(DBN)

Go Mormon! Reasons to Apply to Brigham Young Law School
(DBN)

The new iPhone camera is very clever
(DBN)

iAnnotate on sale today for 80% off
(DBN)

12 on 12: The Good, the Bad, the Ugly iPad 4
(DBN)

Can The Fingerprint Sensor On The New iPhone5S Save Our Relationships?
(DBN)

How to get new iPhone for free
(DBN)

How Do Apple's New iPhones Stack Up Against The Competition?
(DBN)

How The iPhone 5S Could Be The Universal Remote For Your Life
(DBN)

Texting and driving lands woman in lake
(DBN)

McDonald's manager accused of robbing -- his own restaurant!
(DBN)

Man Who Confessed To Drunk Driving-Related Killing On YouTube Says He’ll Plead Guilty… But Doesn’t
(DBN)

The Crazy Parenting Book That Inspired Parents To Kill Daughter
(DBN)

Alexandra Marchuk v. Faruqi & Faruqi: Seeking Sanctions
(DBN)

"Better Call Saul" - Lawyer Saul Goodman gets second act post-"Breaking Bad"
(DBN)

Lawyer who was accused of killing her dad with forgery is now charged with second murder
(DBN)

How My Polaroids Of The Sept. 11 Attacks Led Me Into America's Secret Court System For Terrorist Suspects --- Marissa Mayer: 'It's Treason' For Yahoo To Disobey The NSA
(DBN)

Florida Pastor Arrested Before He Could Burn 2,998 Qurans On 9/11 Anniversary
(DBN)

Israel Pays Family of Lawyer-Turned-Spy $1.2 Million
(DBN)

Judge: New York Club Owes Dancers Minimum Wage Because It Micromanages Them
(DBN)

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Judges:

Georgia circuit judge fears that after he retires, his court will be all-white and all-male
(DBN)

Legal Schnauzer Sniffs Out Law Clerk
(DBN)

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Wall Street:

Stock futures slip with jobs data, Apple in focus
(DBN)

Stocks end mostly higher despite a sour Apple
(DBN)

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Layoffs:

Mill Closing Is 'Major Setback' For Ala. Town
(DBN)

Government to Workers: You’re Fired!
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Furniture:

Furniture Brands pension obligations in question
(DBN)

Furniture Brands ' Pension Top Unsecured Creditor
(DBN)

Furniture Brands looked at 2011 sale, spurned earlier offers
(DBN)

KPS Capital Emerges as Rival Bidder for Furniture Brands
(DBN)

Furniture Brands Wins Approval of Bankruptcy Financing
(DBN)

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Health Care:

Brooklyn hospital seeks to close by Christmas
(DBN)

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Autos:

GM rightly favored Delphi UAW pensions over salaried, Rattner says
(DBN)

U.S. told GM to selectively fund pensions: former official
(DBN)

US Honda Ends Pensions, Cuts Benefits
(DBN)

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Food/Beverage:

McDonald's New Mighty Wings — The Verdict
(DBN)

Can McDonald's improve on perfection?
(DBN)

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Baseball:

Blackstone Case Study: Sale of Los Angeles Dodgers
(DBN)

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Accounting:

EY and GT audits criticized
(DBN)

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Electricity:

Former TXU’s Likely Bankruptcy is Not the Final Chapter on Utility Restructuring
(DBN)

Chances slim for prepackaged bankruptcy for Energy Future
(DBN)

TXU Proves Failure of Texas Deregulation
(DBN)

Beartooth Electric to be examined on reorganization plan
(DBN)

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Corporate Governance:

Dish director quits over handling of LightSquared deal
(DBN)

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Office Supplies:

NE Opco Wins Court Approval to Sell Assets for $70 Million
(DBN)

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Apparel:

Men's Wearhouse cuts outlook; shares skid
(DBN)

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Student Debt:

Public Universities Ramp Up Aid for the Wealthy, Leaving the Poor Behind
(DBN)

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Finance:

Companies Embrace Low Interest Rates by Selling Bonds to Raise Billions
(DBN)

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Economy:

Wholesale Inventories in U.S. Rose Less Than Forecast in July --- May impact Q3 growth
(DBN)

Children suffer from growing economic inequality among families since recession
(DBN)

Last Year Was the 4th-Best Year Ever for the Top 1 Percent
(DBN)

More Americans Struggle to Afford Food
(DBN)

What do U.S. jobless claims say?
(DBN)

Fannie Mae's Chief Economist Says Recovery Is Still Three Years Away
(DBN)

US Republican Senator Isakson has concerns about Summers for Fed
(DBN)

Thursday: Unemployment Claims, Treasury Statement for August
(DBN)

Things Could Get A Little Awkward If The Fed Chair Saga Drags To The End Of Bernanke's Term
(DBN)

Druckenmiller Says Fed Exit Would Be Big Deal for Markets
(DBN)

Baum: Five Least Bad Reasons for the Fed to Taper Now
(DBN)

Shifting Fed view slows share rise, dollar dips
(DBN)

Krugman: Toxic Inequality --- Harvard Business School’s Bizarre Rich Kids Problem
(DBN)

US bailout 5 years ago avoided catastrophe --- Lehman Brothers collapse did more good than bad --- Was Lehman failure really 'best and only outcome?' --- Five years after the crisis: What’s fixed and what isn’t --- 5 Years After Meltdown: Shock --- Five years later: From Lehman executive to handyman --- Five years after Lehman, risk moves into shadows --- A Crisis That Reshaped the U.S. Economy
(DBN)

The Full History Of The Financial Crisis In One Chart --- Assessing the Costs and Consequences of the 2007–09 Financial Crisis and Its Aftermath
(DBN)

A Government Shutdown Just Became More Likely --- The Government Shutdown And Debt Ceiling Battles Could Be A Total Disaster For The GOP --- Holding Ourselves Hostage Again…
(DBN)

Goldman: The Economic Damage From The Sequester Is Becoming More Clear, And It Could Get Worse
(DBN)

Why English Will Never Be The Official Language Of The U.S.
(DBN)

The American Family Is No More
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Mortgage Refis Tumble, Giving Big Banks More Grief
(DBN)

Banks hit the brakes on mortgage operations
(DBN)

Housing bust's recovery hampered by tight credit
(DBN)

Richmond Eminent Domain Plan Heads to Court Showdown
(DBN)

JP Morgan Lowers Mortgage Standards
(DBN)

Demand Exceeds Supply In 90% Of America's Major Housing Markets
(DBN)

Foreclosure crisis is drawing to a close --- U.S. Foreclosure Starts Decrease 8 Percent in August to Lowest Level Since December 2005, Bank Repos up 6 Percent
(DBN)

Calpers Invests in New-Home Project as Land Values Rise
(DBN)

Judge tentatively rules to allow Ziad Alhassen to buy back properties lost in bankruptcy
(DBN)

Facing Lead Paint Suits, Baltimore's City Homes Files for Bankruptcy
(DBN)

Solar Panel Is Next Granite Countertop for Homebuilders
(DBN)

"Every landlord's worst nightmare"
(DBN)

Boozy Summer in Hamptons Results in Epic Angry Landlord Letter
(DBN)

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Municipalities:

Detroit Retirees, Unions Say Bankruptcy Law Unconstitutional
(DBN)

Detroit retiree committee asks district court to hear arguments
(DBN)

Detroit: "The broken tooth in Michigan's smile"
(DBN)

John Conyers: There's Lots of Conflicts of Interest With Kevyn Orr
(DBN)

Detroit can't go back to square one
(DBN)

One Hundred Forty Characters (Of Detroit)
(DBN)

Snyder says deposition on Detroit bankruptcy will 'move along the process'
(DBN)

Michigan Governor: Detroit Bankruptcy Is A Good Thing For The City
(DBN)

Detroit’s Bankruptcy and Pension Solution Depends More on its Planned Recovery and Rebirth - Not Just Cutting Costs
(DBN)

How Detroit is impacting the rest of the state's finances
(DBN)

Detroit: A Tough Sell in China, but One That Strikes a Chord
(DBN)

Detroit bankruptcy puts DIA under scrutiny, stresses staff
(DBN)

New Flint emergency manager Darnell Earley to take over after Michael Brown resigns --- Challenges remain for Flint's third emergency manager this year --- Flint emergency manager Michael Brown says it was "tough decision" to walk away --- First and last words from Flint emergency managers Michael Brown and Darnell Earley
(DBN)

Ambac Falls 4.7% on Exposure to Puerto Rico Debt
(DBN)

Puerto Rico ‘Herd Mentality’ Hurts All Island Bonds, Amodeo Says
(DBN)

Puerto Rico Paying Dearly for Bungled Disclosure Efforts
(DBN)

Troubled Pa. capital to skip 4th bond payment
(DBN)

RI agency hires law firm amid SEC inquiry
(DBN)

California Toll Road Risks Biggest Default Since Detroit
(DBN)

California job growth has slowed, UCLA economists say
(DBN)

Stockton: Public has say on the next city manager
(DBN)

The Cities That Americans Love To Visit In The U.S.
(DBN)

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Aviation:

Parties to Airlines Merger Return Fire on DOJ's Challenge
(DBN)

Report: US Airways, American seek to extend merger deadline
(DBN)

AMR, US Airways file new arguments against fed antitrust suit
(DBN)

Airlines Say US Case Against Big Merger Is Flawed
(DBN)

AMR in Merger Should Lose All Washington Slots: Jetblue
(DBN)

Here's US Airways' defense of its merger with American Airlines
(DBN)

AMR, US Airways Attack US Merger Suit as Bad for Consumers
(DBN)

If AA-US Air merger fails, rivals 'will clean their clocks'
(DBN)

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Video Games:

EDC hired firm to respond to SEC on 38 Studios
(DBN)

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Politics:

John Nichols: Why there will be a lot more 'Elizabeth Warren for president' talk
(DBN)

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Compensation:

CEO Pay More Closely Matches Firms' Results
(DBN)

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Fraud:

Olympus misled auditors over $620m
(DBN)

Lance Armstrong is protected by First Amendment in fraud suit by readers of his books, judge rules
(DBN)

Gallery President Ann Freedman Files Defamation Suit
(DBN)

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Telecoms:

How Shady Was Charlie Ergen's Wireless Shopping Spree?
(DBN)

LightSquared Sets Parameters for Auction With No Lead Bidder
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

WNY bankruptcy filings drop 17 percent in August
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Safe Harbors:

“Safe Harbor” in the Bankruptcy Storm: The Unavoidability of Securities Transactions Utilizing Financial Intermediaries
(DBN)

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Estoppel:

Tenth Circuit Holds that Judicial Estoppel Applies to Bar Lawsuit of Debtors who Sought to Recover Damages in Excess of Amount Disclosed in Bankruptcy Proceedings
(DBN)

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Surcharge:

To Surcharge or Not to Surcharge: The Third Circuit Says Only in Sharply Limited Circumstances
(DBN)

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Involuntary Bankruptcy:

Blixseth wants $3.3M in fees from Mont. tax case
(DBN)

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Recent Pleadings:

Detroit Retirees' Committee Wants To Yank Eligibility Dispute To District Court - Raises Stern Jurisdictional Issue
(DBN)

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Insurance:

Advisen Releases Private Company D&O Study
(DBN)

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TBTF:

Top Economists, Financial Experts and Bankers Say Giant Banks Are Hurting Economy
(DBN)

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Corporate Reform:

No Punishment for Bankruptcy?
(DBN)

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Golf:

Give me back my golf course
(DBN)

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Rail:

Filing calls for moving all civil claims in train explosion to Maine
(DBN)

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Awards:

2013 Lifetime Achievers
(DBN)

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Religion:

Stockton Diocese steps closer to bankruptcy
(DBN)

The Pope's New Car Is A 1984 Renault
(DBN)

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Banking:

Mercantile Bank sale draws more objections --- Mercantile Bancorp investors pan planned $22M Ch. 11 sale
(DBN)

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Trucking:

Pilot Flying J Faces New Hurdle
(DBN)

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Personal Finance:

These 5 Phone Calls Saved Me $100 A Month
(DBN)

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Sovereigns:

Top U.S. Court May Act in October on Argentina Bond Case
(DBN)

The vultures’ victory
(DBN)

New Chapter in a Clash Over Bonds in Argentina
(DBN)

Argentina's Congress gives go-ahead to open-ended debt swap
(DBN)

S&P downgrades Argentina's credit rating to the level Cyprus
(DBN)

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UK:

UK unemployment rate falls to 7.7pc
(DBN)

Landlord eviction of tenants at five-year high
(DBN)

UK banks could need extra 50 billion pounds under 'Basel IV': KPMG
(DBN)

Deloitte Touche Tohmatsu was fined 14 million pounds by British Regulators
(DBN)

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EU:

Huge 1.5 percent fall in eurozone industrial output in July to raise fears over Q3
(DBN)

EU lawyers say transaction tax plan is illegal
(DBN)

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PIIGS:

ie: Ray Grehan, Bankrupt Developer, Revealed As Ex-Owner Of London's Most Expensive Repossessed Flat --- New insolvency laws not 'rescue package for professional classes'
(DBN)

Greece will need help once more, possibly twice, says ECB?s Coene --- Greece expects economy to shrink 3.8 percent in 2013: report
(DBN)

Greek unemployment rises to record 27.9 percent in June
(DBN)

Monte dei Paschi sets guidelines for new restructuring
(DBN)

Italy industry output dives, dampening recovery hopes
(DBN)

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Canada:

Canada crash investigators seek tougher rules on dangerous goods transport
(DBN)

Half Of Canada Lives In Just These Counties
(DBN)

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Germany:

German support for small business has kept its economy thriving as the rest of Europe languishes in recession
(DBN)

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MENA:

Egypt's Muslim Brotherhood to Christians: Convert to Islam, or pay 'jizya' tax
(DBN)

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Indonesia:

Bakries face legal challenge over bond
(DBN)

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Australia:

Unemployment rate hits four year high
(DBN)

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Copyright 2013